2020’s divestment wins in Sweden
In a year with few wins, 2020 saw some positive developments for Swedish pension funds’ investments in fossil fuel companies. First, in the spring of 2020, the AP1 Fund announced their plans to divest fully […]
Divestment
"Piggy Bank" by free pictures of money is licensed with CC BY 2.0.
The Financial Impact of Fossil Fuel Divestment
Academics Auke Plantinga and Bert Scholtens from the University of Groningen have published a new paper examining the financial impacts of fossil fuel divestment. They studied stock returns from nearly 7,000 companies, over a 40 […]
"The WilPhoenix Offshore Oil Rig" by Mustang Joe is marked under CC0 1.0.
Swedish pension fund AP1 divests from all fossil fuels
On 16 March, 2020, the 34.1 billion EUR Swedish pension fund AP1 announced its decision to divest from all fossil fuels, something that the Swedish campaign Divestera AP-fonderna has been requesting from all AP-funds since […]
How Berlin became “Divestment Capital”
Berlin, June 23, 2016: After 500 days of action and hope, the Berlin parliament voted unanimously for Divestment! Public money from the 667 million euro pension reserves would now have to be withdrawn by the […]